Receive These Posts via email:

Thursday, September 22, 2011

Peter Schiff : the real crisis will come when the world is fleeing the dollar not embracing it

Peter Schiff : we do not have the resources to fight a war , we barely can afford peace although we do not actually have that either right now , the real crisis will come when the world is fleeing the dollar not embracing it , right now with bad as it is the dollar is actually going up , treasuries are going up , people are buying dollars and treasuries as they sell stocks , when the real crisis happens they are going to be selling dollars and treasuries that's the real crisis , then the dollar plunges then interest rates go up and then prices go through the roof and that's what's really going to turn this into a crisis it is going to be an inflationary depression ....

3 comments:

  1. Who are we paying the 17 Billion Bonds due this month that is really causing the melt down QE3 will do nothing with out payment.

    ReplyDelete
  2. Who owns the mortgage title it's not the banks and not electronic mortgage corporation.

    ReplyDelete
  3. AMERICANS ARE THE STUPIDEST MORONS IN THE WORLD AND DESERVE WHAT THE GET

    ReplyDelete

PETER SCHIFF BLOG

Popular Posts This Month

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.